Russia's state-owned gas giant is mulling a sweeping cut to its managing staff in St. Petersburg.
A letter from Gazprom's board to its CEO suggested layoffs of 40% for its headquarters amid "challenges.".
Russian energy giant Gazprom is considering a 40% cut to its headquarters staff after posting its first loss in 24 years, according to a letter from one of its board members to the firm's CEO.
The letter, first reported by St. Petersburg-based outlet 47News on Monday, proposed that the central office head count be reduced from 4,100 to 2,500 people.
Ilyukhina added that the company could instead rely on "automation and digitalization" for roles like accounting and planning.
47News wrote that Ilyukhina also estimated a 40% cut would align Gazprom's management-to-employee ratio with that of Rosatom, a state-owned nuclear energy firm.
More recently, Kyiv allowed the expiration of a pre-war contract to pipe Russian gas to Western customers such as Austria. »
